Price broke consolidation structure and began to push towards a key support zone. Anticipating a retracement to the 50/61.8% area which will align with the 50ema and daily pivot to look for a short trade. Price action will be key as price must show rejection to this area before looking to go short.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.